505 Lost Cove DR, Spicewood TX 78669

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $647,166. Pricing this home between $500,000 and $510,000 would put it in the competitive sweet spot for LOST COVE. Relative to what's currently available in LOST COVE, this home would be the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (274 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years older than typical comps, the 1992 build date influences the valuation. Buyers in LOST COVE have 7 comparable options right now, with asking prices between $494,900 and $1,475,000. Market data shows 78669 prices risen 5.4% over the last half year. The closest comparable sale, 101 Bedford DR, Spicewood TX 78669 at an adjusted $1,109,218, is a strong comparable. The comp data here (7 sales in LOST COVE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus